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Polaris Reports Increased Results for Both Fourth Quarter and Full Year
Wed, 30 Jan 2013For the 2012 year ending December 31, 2012, Polaris Industries, Inc., (NYSE: PII) reported record net income of $4.40 per diluted share, a 38% increase compared to $3.20 per diluted share. For the fourth quarter of 2012 Polaris reported a net income of $1.24 per diluted share, up 38 percent from the prior year’s fourth quarter net income of $0.90 per diluted share. Reported net income for the full year was $312.3 million, up 37 percent from the previous year’s net income of $227.6 million.
Two Recall Campaigns for 2009-2011 Indian Motorcycles
Mon, 11 Jul 2011Polaris issued two separate recalls for 2009-2011 Indian motorcycles, one for a problem with the headlight and another with the kickstand. According to documents released by the National Highway Traffic Safety Administration, the kickstands on 2009-2011 Indian motorcycles may not fold up and to the rear if the motorcycle is moving forward with the stand deployed. As a result, the kickstand fails to meet Federal Motor Vehicle Safety Standard No.
Indian Announces Five-Year Service Coverage, Trade-In Value Guarantee and Other Ownership Incentives
Thu, 22 Aug 2013Polaris Industries continues to throw more support behind the revived Indian Motorcycle brand with a new customer incentive it calls the “Indian Motorcycle Assurance Program”. The new program receives the support of Polaris’ financial, engineering, manufacturing and service resources to support Indian’s new 2014 lineup of the Chief Classic, Chief Vintage and Chieftain. “The Indian Motorcycle Assurance Program sets a new benchmark in the motorcycle industry for warranty coverage, service and support,” says Steve Menneto, Polaris vice president of motorcycles.
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